26 Midday DriveCentereachNY11720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Centereach at 26 Midday Drive, Centereach, NY, 11720 offers $4,716/mo rent that, after a $3,250/mo payment, leaves $282/mo cash flow. Total monthly income is $4,716/mo, and annual cash flow is $3,382/yr on $218,456 cash. Return on cash invested measures 21.61% in year one, and rental yield stands at 8.52% at a $664,000 entry. Equity gained on principal adds $4,285/yr while 5% annual appreciation compounds into $183,451 by year five. Five-year ROI records 112.57% and total cumulative return in cash reaches $245,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,716/mo property income versus a $3,250/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edwin Murillo • Best Solutions Realty Inc
Mls Name: OneKey MLS
Mls ID: #924277